Boston Scientific in $11M Funding for Estech

Natick, MA-based medical devices giant Boston Scientific (NYSE:[[ticker:BSX]]) has invested in an $11 million closing of a second-round financing for Endoscopic Technologies (Estech), a privately held provider of minimally invasive devices for heart surgeries headquartered in San Ramon, CA, VentureBeat reported today, citing a U.S. Securities and Exchange Commission filing. VentureBeat says that other investors in the round include Telegraph Hill Partners and Saints Capital.

Author: Ryan McBride

Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News. Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.